Archive for January 2010

Is it Possible to Raise My Credit Scores?

Chane Steiner asked: The first consideration when you’re trying to raise your credit scores is to know where you currently stand. Everyone has scores that range between 300 and 850. This number determines if a creditor will extend credit to you as well as interests rates you might pay, is based on your ability to [...]

Credit Score Repair in 5 Simple Steps

muellerduran asked: The importance of a good credit score can never be understated. Whether you want a loan with low interest and large amount, a gold or platinum credit card, mortgage at good terms, car loan at cheaper rates or simply have a good financial credibility — none of it can be achieved without having [...]

How You Can Raise Your Credit Scores

Henri Surya asked: What is credit score? What make it so important? A credit score is numerical expression representing someone’s creditworthiness and this score is a determinant factor. Having a good credit score is very important in today’s society. If you have a high credit score then it would be any problem for you to [...]

Effect of collections on credit score?

Nate asked: I just found out today that some company has been “trying” to collect $20 from some past due account that I didn’t know was past due as no one has ever tried to contact me. Well that’s not exactly correct, 2-3 months ago someone contacted me and I told them to send me [...]

How Important is a Good Credit Score?

Eric asked: The most important factor that plays a deciding role in granting you a loan is of course your credit rating. A good credit score is a magic mantra in the loan market. It can help you get a low APR (Annual Percentage Rate) with negotiable payback terms. In other words, a customer with [...]

Credit Score Increase-lower Home Loan Payment (avoid Foreclosure)

RAWDOGGTV asked: http://creditrepairscores.blogspot.comFixing Your Credit Score via legitimate “credit rescoring” company Unfortunately, credit rescoring is not directly available to consumers, You’ll have to go through your mortgage broker or lender. Legitimate credit rescoring Rapid rescoring is so new that some mortgage brokers, lenders may not be aware as to how the system works, Here’s how [...]

Interest How Interest Impacts Fixing Credit?

Harsal Gibs asked: Why would anyone choose to pay higher compound interest on a credit card for longer than they had to? The fact is, many people see their interest rate and don’t even question it.If there is an increase in their APR, they accept it as part of the credit game and pay it [...]

Payment to credit card company lost in the mail. What to do?

babybug74 asked: My credit card payment was due October 6; balance was $500. Minimum payment is $15. I use my credit card for EVERYTHING so I can earn points, but I pay off the balance in full each month. I always pay on time or early, but never late. Until this month. On Sept 20, [...]